Bill Summary for H 596 (2011-2012)
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Summary date:
May 23 2011
S.L. 2011-373
Bill Information:
| View NCGA Bill Details | 2011-2012 Session |
TO FACILITATE THE IDENTIFICATION OF SURPLUS STATE OWNED REAL PROPERTY; TO REQUIRE THAT THE OWNERSHIP OF THAT PROPERTY BE TRANSFERRED TO THE TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM; TO REQUIRE THE STATE TREASURER TO MANAGE THAT PROPERTY FOR THE BENEFIT OF THE STATE RETIREMENT SYSTEM; AND TO MAKE CONFORMING CHANGES TO THE GENERAL STATUTES.Intro. by Hastings, Stam, Crawford.
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Bill summary
House amendment makes the following change to 2nd edition. Adds language to GS 146-30(a) to forbid state lands or contracts being divided for the purpose of evading the appraised value of the provisions of Subchapter II of GS Chapter 146.